Summary
- The Sino-US trade war is a symptom of strategic rivalry and great power transition
- The trade war has both risks (loss of profit margins for intermediate goods) and opportunities (trade diversion) for the Philippines
- The Philippines needs to diversify commercial markets and intensify free trade agreements to buffer the impact of trade wars
- The Philippines should employ means to make the country a more attractive investment destination
- The Fourth Industrial Revolution in conjunction with the trade war is another major disruptor that the Philippines should anticipate
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About the Author
Aaron Rabena, PhD is Program Convenor and Fellow at the Asia-Pacific Pathways to Progress. He is also a former Senior Lecturer at the Asian Center in the University of the Philippines and was a Visiting Fellow at the China Institute of International Studies in Beijing. His research interests include Strategic Studies, Geopolitics, East Asian International Relations, Political Risk, and Chinese Politics and Foreign Policy.